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XRP nears $1.16 but must close above $1.40 monthly to confirm recovery from $1.05 low

Technical Signals
09 Jun 2026
Crypto news
View Source
Neutral
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XRP traded near $1.16 after recovering from a low of $1.05, but it needs a monthly close above $1.40 to confirm that the bottom is secure. Analysts say reclaiming $1.61 to $1.65 would strengthen the recovery, with $1.70 confirming bullish control. Losing support below $1.14 could lead to further declines toward $1.10, $0.90, or even $0.80. Technical indicators show downside risk remains, and a key update to the XRP Ledger is expected mid-June, which may attract market attention but won't guarantee a price reversal.

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